Cross Creek Ranch Land Marks Last Investor-Owned Lots
Land Advisors Organization’s homebuilding team recently sold nearly 80 acres in Cross Creek Ranch to Richmond America Homes and Oakwood Homes for nearly $27.5 million. This month’s closing of these 372 finished lots marks the sale of the last investor-owned finished lots available in Coolidge.
The sale delivers 372 finished residential home lots and is the second of a two-phase sale to these builders in the Cross Creek Ranch community. The first phase, which closed in January 2021 for slightly more than $16 million, included 309 finished lots in the same development. Cross Creek Ranch is located south of AZ-87 just east of NEC West Vah Ki Inn and North Skousen roads adjacent to the Casa Grand National Monument in Pinal County.
Land Advisors Organization’s homebuilding team of Ben Heglie, Bret Rinehart and Ryan Semro represented the buyer in the transaction.
“It’s very rewarding to be part of the growth that Pinal County is experiencing,” Heglie said. “With this purchase of the last remaining investor-owned finished lots in the city of Coolidge, builders will have to shift their focus towards securing unimproved land to meet demand as our growth corridor expands further southeast of metro Phoenix. It’s exciting to see builders returning to Coolidge.”
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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